Sixers.....huh?
Comcast-Spectacor announced on Friday 11/10 that the Philadelphia 76ers are no longer for sale. Umm, ok.
Is it crazy for me to ask why they were even put up for sale in the first place?
The quotes coming from Sixers Chairman Ed Snider are confusing to say the least, and downright idiotic at worst.
"Over the last summer, we were presented a variety of proposals involving the purchase of some or all of our interests in the team. When these parties came to us, it confirmed what we already knew, that the Sixers are a very valuable and popular franchise."
Why were they for sale then?
"Now, after completing our review and in consultation with GSP (sports investment firm Galatioto Sports Partners), we have decided that the team is not for sale. Our review made it clear that all of the different companies operating under the Comcast-Spectacor umbrella are doing very well, and reinforced our long-standing belief that holding all of these synergistic opportunities under one roof, including the Sixers, continues to be the best way to move forward for the future."
Ok, so let me get this straight. One of the most storied franchises in NBA history was put on the market for shiests and giggles? I mean, it just makes no sense at all. None.
What has become very clear to me now is how GM Billy King still has his job. I’ve documented countless times how BK is an absolute master at chasing his own tail. Sign somebody to a long term deal, and then trade them in under a year. His bosses are the exact same way.
A quick timeline for you:
1) Put the team up for sale.
2) Handcuff your GM during the off season so as not to diminish the value of the franchise.
3) Do completely nothing to improve a club that is going nowhere fast.
4) Say “sike” and call off the whole thing after the season starts and it’s too late to make the drastic changes that are needed.
Again, WOW!
From everything I’ve read, Allen Iverson was being shopped around the league this summer like never before and was almost certainly on his way out of town. Then the big wigs put the kibosh on it, and any other significant move for that matter, leaving Philly with the exact same mess of a squad. The icing on the cake to me would be if the higher ups decided to pull the plug on the sale because of the fool’s gold 3-0 start.
I abandoned the Sixers about mid-way through last season, so I could really care less about this debacle one way or the other. But with the Hawks off to a good start, the Eastern Conference may be in need a of new laughing stock/punch line franchise. You know who I’m nominating.
Is it crazy for me to ask why they were even put up for sale in the first place?
The quotes coming from Sixers Chairman Ed Snider are confusing to say the least, and downright idiotic at worst.
"Over the last summer, we were presented a variety of proposals involving the purchase of some or all of our interests in the team. When these parties came to us, it confirmed what we already knew, that the Sixers are a very valuable and popular franchise."
Why were they for sale then?
"Now, after completing our review and in consultation with GSP (sports investment firm Galatioto Sports Partners), we have decided that the team is not for sale. Our review made it clear that all of the different companies operating under the Comcast-Spectacor umbrella are doing very well, and reinforced our long-standing belief that holding all of these synergistic opportunities under one roof, including the Sixers, continues to be the best way to move forward for the future."
Ok, so let me get this straight. One of the most storied franchises in NBA history was put on the market for shiests and giggles? I mean, it just makes no sense at all. None.
What has become very clear to me now is how GM Billy King still has his job. I’ve documented countless times how BK is an absolute master at chasing his own tail. Sign somebody to a long term deal, and then trade them in under a year. His bosses are the exact same way.
A quick timeline for you:
1) Put the team up for sale.
2) Handcuff your GM during the off season so as not to diminish the value of the franchise.
3) Do completely nothing to improve a club that is going nowhere fast.
4) Say “sike” and call off the whole thing after the season starts and it’s too late to make the drastic changes that are needed.
Again, WOW!
From everything I’ve read, Allen Iverson was being shopped around the league this summer like never before and was almost certainly on his way out of town. Then the big wigs put the kibosh on it, and any other significant move for that matter, leaving Philly with the exact same mess of a squad. The icing on the cake to me would be if the higher ups decided to pull the plug on the sale because of the fool’s gold 3-0 start.
I abandoned the Sixers about mid-way through last season, so I could really care less about this debacle one way or the other. But with the Hawks off to a good start, the Eastern Conference may be in need a of new laughing stock/punch line franchise. You know who I’m nominating.
posted by D$ at 5:50 PM
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